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- 26. India Infrastructure Finance Company Ltd (IIFCL) is a wholly-owned ____________ company set up in 2006.
A.RBI
B.Finance Ministry
C.Government of India
D.NABARD
Answer & Explanation
Answer: Option C 
IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term finance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI.
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- 27. National Securities Depository Limited is an Indian central securities depository based in _______
A.New Delhi
B.Mumbai
C.Bengaluru
D.Hyderabad
Answer & Explanation
Answer: Option B
National Securities Depository Limited is an Indian central securities depository based in Mumbai.
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- 28. Where is the headquarters of Paschim Banga Gramin Bank?
A.Bathinda, Punjab
B.Bolangir, Odisha
C.Nagpur, Maharashtra
D.Howrah, West Bengal
Answer & Explanation
Answer: Option D
The headquarters of Paschim Banga Gramin Bank is Howrah, West Bengal.
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- 29. NSDL is the first and largest depository in India, established in-
A.August 1999
B.August 1996
C.August 2003
D.August 1991
Answer & Explanation
Answer: Option B
NSDL, the first and largest depository in India, established in August 1996 and promoted by institutions of national stature responsible for economic development of the country has since established a national infrastructure of international standards that handles most of the securities held and settled in dematerialised form in the Indian capital market.
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- 30. A Public Provident Fund (PPF) account holder can deposit a maximum of-
A.5.0 Lakhs
B.3.5 Lakhs
C.1.5 Lakhs
D.2.5 Lakhs
Answer & Explanation
Answer: Option C
A Public Provident Fund (PPF) account holder can deposit a maximum of Rs 1.5 lakhs in his/her PPF account.
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